NOT LISTED FOR SALE

362 Gulley Rd Bulls Gap, TN 37711

Estimated Value: $138,000 - $227,000

1 Bed
1 Bath
1,120 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $51,100 $46 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,006/month

10 Days on Market

About This Home

As of July 2016

WOW! This incredible home in a country setting w/ metal roof, is on +/- 11.28 acres on Gulley Rd in Bulls Gap, features lots of privacy as well as front-porch. Large living room; hall BA and utility closet; 1 BRs off hall. Buyer/buyer's agent to verify info.

Last Agent to Sell the Property

Gordon Newman

Century 21 Legacy - Greeneville License #TN# 294973 VA # 0225197251 Listed on: 05/26/2016

Century 21 Legacy - Greeneville

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1932

Lot Details

  • 11.28 Acre Lot
  • Sloped Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • 1,120 Sq Ft Home
  • Farmhouse Style Home
  • Metal Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Bulls Gap Elementary School
  • Rogersville Middle School
  • Cherokee High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 016.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$632

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Directions: Hwy 11E RT onto St Clair RT onto Phillips Town Rd to Gulley.
  • Prop. Type: Residential
  • Year Built: 1932
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Farmhouse
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 11.28
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Bulls Gap
  • General Property Description Middle School2: Rogersville
  • General Property Description High School3: Cherokee
  • General Property Description Lot Dimensions: 11.28 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1120.0
  • General Property Description Above Grade SqFt: 1120.0
  • AC Central Air: Yes
  • General Property Description Parcel ID2: 016.00
  • Financing FHA: Yes
  • TopographyLot Description Sloped: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Acres: 11.28
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Central
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Bulls Gap
  • High School: Cherokee
  • Middle Or Junior School: Rogersville

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 11.28 acres
  • Lot Size Sq Ft: 491356.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 016.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 13, 2016
Sold by
Secretary Of Hud
Bought by
Mosley William Chase
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
Non Member
Non Member
List Price
$50,000
Sold Price
$51,100
Premium/Discount to List
$1,100
2.2%
Current Estimated Value
$182,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,947
Avg. Annual Appreciation
14.64%

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 13, 2016
Sold by
Secretary Of Hud
Bought by
Mosley William Chase
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
Non Member
Non Member
List Price
$50,000
Sold Price
$51,100
Premium/Discount to List
$1,100
2.2%

Purchase Details

Closed on
Feb 18, 2016
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Jan 20, 2016
Sold by
Bailey Jodie Lynn
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 24, 2006
Sold by
Brant Grizzell
Bought by
Lynn Bailey Jodie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,445
Interest Rate
6.68%

Purchase Details

Closed on
May 24, 2006
Sold by
Grizzell Shana M
Bought by
Brant Grizzell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,445
Interest Rate
6.68%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Jeff Cattrell and Jeff Kristi
Bought by
Brant Grizzell

Purchase Details

Closed on
Apr 16, 1976

Purchase Details

Closed on
Apr 19, 1960
Bought by
Hileman Dale and Nell Rose

Purchase Details

Closed on
Mar 9, 1951
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mosley William Chase $51,100 --
Mosley William Chase $51,000 --
Secretary Of Housing And Urban Developme $67,050 --
Wells Fargo Bank Na $67,050 --
Lynn Bailey Jodie $134,500 --
Brant Grizzell -- --
Brant Grizzell $107,000 --
-- -- --
Hileman Dale -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Not Available $133,445
Previous Owner Not Available $133,445
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2016 07/13/16 Sold $51,100 +2.2% $46 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $50,000 -- $45 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $632 $24,750 $10,175 $14,575
2023 $575 $24,750 $0 $0
2022 $574 $24,750 $10,175 $14,575
2021 $537 $24,750 $10,175 $14,575
2020 $587 $24,750 $10,175 $14,575
2019 $587 $23,200 $10,175 $13,025
2018 $587 $23,200 $10,175 $13,025
2017 $587 $23,200 $10,175 $13,025
2016 $611 $23,200 $10,175 $13,025
2015 $595 $24,125 $11,100 $13,025
2014 $639 $25,925 $11,100 $14,825
Source: Public Records

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 377844

Tennessee/Virginia Regional MLS

APN: 152-016.00